Navios Maritime Partners chief executive Angeliki Frangou has been vocal that she sees the current moment in shipping as fraught with uncertainty. But with that comes one certainty in her […]
Members of the National Oilseed Processors Association (NOPA) posted the highest soybean crush volume on record for May at 171m bushels, up 4.6% YoY. As a result, the USDA is […]
The most recently released data as of June 19th shows the daily coal burn rate at China’s six major coastal power plants has come in at 779,000 tons. This is […]
New tool providing quarterly assessments across all financial metrics suggests peak has passed for smaller bulk carrier prices, and canny owners are already divesting, writes Will Fray from MSI. The […]
The physical market for capesize bulk carriers saw a slight upturn on Monday, but this was not enough to support the aggressive sell-off seen in the paper market. The words […]
South Africa’s Richards Bay Coal Terminal (RBCT) has seen a 40% increase in coal heading for Europe in the first five months of this year. Data from Reuters shows that […]
After a strong start to the Brazilian soybean season, exports at 43 MMT for the first 5 months are underperforming last year’s record output. Obviously a much lower harvest figure […]
Average spot rates capesize and panamax bulkers finished Friday with a one-week gain, as positive sentiment reversed a downward trend. The Baltic Exchange’s Capesize 5TC, which averages spot rates across […]
This week we investigate the supply side of the smaller sizes and our expectations going forward. Freight returns on the geared vessels have performed well in 2022, commanding a premium […]
Oslo-listed Western Bulk is predicting record earnings from an “exceptionally good start to the year.” The Norwegian supramax operator said net profit in the first six months should come in […]
